Retail Market In China 2024-2028
The retail market in China is forecasted to grow by USD 1192.7 bn during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the retail market in China provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by premiumization of products, growing popularity of private-label brands, and value-added service.
Technavio's retail market in China is segmented as below:
By Product
- Food and beverages
- Apparel and footwear
- Home improvement
- Consumer electronics and appliances
- Beauty and personal care
By Distribution Channel
By Geographical Landscape
This study identifies the online and omni-channel trade as one of the prime reasons driving the retail market in China growth during the next few years. Also, expansion of fast fashion firms and innovation in in-store retailing will lead to sizable demand in the market.
The report on the retail market in China covers the following areas:
- Retail market in China sizing
- Retail market in China forecast
- Retail market in China industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading retail market in China vendors that include Alibaba Group Holding Ltd., Bailian Group, Beijing Dangdang Kewen Electronic Commerce Co. Ltd., China Resources Enterprise Ltd., CK Hutchison Holdings Ltd., DFI Retail Group., E Mart Co. Ltd., GOME Retail Holdings Ltd., JD.com Inc., Lotte Corp., PetroChina Co. Ltd., Pinduoduo Inc., President Chain Store Corp., Quanlian Industrial Co. Ltd., Sun ART Retail Group Ltd., Suning.com Co. Ltd., Vipshop Holdings Ltd., Walmart Inc., and Yonghui Superstores Co. Ltd.. Also, the retail market in China analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.